Over the last twenty years, Central and Eastern European countries (CEE) experienced a\nspecific pattern of economic and social evolution. In the post-communism period these\ncountries have initiated a comprehensive process of catching-up the capitalist economies. This\nprocess involved a series of institutional reforms and the liberalization and integration of some\nimportant markets (capital market, labor market, etc.). In these circumstances, the actual\neconomic crisis represented a major challenge for these economies, which moreover were\nquite affected and the recovery is slow. For the purpose of the statistic data analysis, we\ndecided to form two groups of countries, based on their history, background and recent\ndevelopment. We first made an analysis of the evolution of macroeconomic indicators to see\nhow economic policy measures were favourable overcoming the crisis for each country. Using\na panel date model, we aim to illustrate the influence of some important macroeconomics\nindicators (unemployment rate, GDP, FDI) on the labour market (real average net earnings,\nemployment rate). The econometric results revealed that the GDP and FDI have a positive\ninfluence upon the two dependent variables, reflecting a normal economic situation.
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